Bitcoin (Image credit: Makemoney)

Nigerians now have plenty of options to use cryptocurrencies.

In fact, a growing number of Nigerian companies already accept payments in crypto, the Buy Bitcoin Worldwide website reveals. We now have crypto platforms that offers users the opportunity to send money using digital coins through instant conversion to Naira, NGN in this case, helping them to protect their revenues from crypto price volatility.

As we know, Cryptocurrencies provides an economical alternative to the fiat system, but in order to be a viable option a functioning trading and exchange infrastructure is needed.

Luckily, Nigeria has a number of local platforms that…


As with any market, nothing is constant. Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes.

Use tools like Bitcoin Wisdom or Cryptowatch to analyze charts and understand Bitcoin’s price history. Bitcoin is a global decentralized currency and it is not affected by any single country’s financial situation or stability.

For example, speculation about the devaluation of the Chinese Yuan has, in the past, caused more demand from China, which also pulled up the exchange rate on U.S.- and Europe-based exchanges.

Global chaos is generally seen…


Phishing is the attempt to obtain sensitive information such as usernames, passwords, and credit card details (and sometimes, indirectly, money), often for malicious reasons, by masquerading as a trustworthy entity in an electronic communication.

There are numerous ways to lose your Bitcoins to phishing scams, fraud, and theft are getting more and more common these days. This article will describe how to avoid phishing scams in Nigeria.

Phishing is when someone tries to trick you into thinking they are a trusted company or website by having you visit a fake site.

Typically, phishers contact you via email or through a…


Bitcoin; The Nigerian Web

Bitcoin has become immensely popular due to it being an attractive investment as well as a currency that encourages cross border payments with low transaction fees.

There has also been a rise in the popularity of the coin in Nigeria as several youths in the country have taken to Bitcoin trading and investment in the past four years since the fall in the value of the Naira. The Bitcoin boom in 2017 also increased the popularity of the coin in the country as many holders became instant millionaires within the short period of investment.

Bitcoin has also grown in terms…


Now is the time to talk about the most reliable and fastest website to easily buy your bitcoins from and also sell your bitcoins in Nigeria.

Are you looking to purchase bitcoins or you have bitcoins you are willing to sell? Well, you are in luck because of all the bitcoin exchanges that are out there now, we can only but recommend the best.

Bitcoin is currently one of the most talked-about asset classes in the world today. It is also the asset class that has posted the best returns having gained over 1000% this year alone.

This has made…


As with any market, nothing is constant. Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes.

Use tools like Bitcoin Wisdom or Cryptowatch to analyze charts and understand Bitcoin’s price history. Bitcoin is a global decentralized currency and it is not affected by any single country’s financial situation or stability.

For example, speculation about the devaluation of the Chinese Yuan has, in the past, caused more demand from China, which also pulled up the exchange rate on U.S.- and Europe-based exchanges.

Global chaos is generally seen…


Cryptosyringe

Crypto-expert Ibrahim Olaniyi has announced the launch of his cryptocurrency exchange platform in 2019 to enable users to buy and sell bitcoin with a lot of ease.

We are super excited to introduce RedimIT, it is live and ready for use. It is a platform that allows users to sell bitcoin in Nigeria and receive Naira in their preferred bank account, “Ibrahim said.

RedimiIT will host a slew of trading pairs including popular cryptocurrencies like litecoin, ripple, Tron, zcash, stellar, Dash and Eos.

The exchange is built with the users in mind, therefore, we aim to meet users’ expectations as…


There are quite a number of companies that offer the conversion of Nigeria’s fiat currency Naira as well as money from other digital currencies to Bitcoins.

Source: Cryptoformatics

The trading platforms allow users to buy and sell bitcoins and typically offer a secure platform that includes escrow. They usually attempt to verify does who trade on their platform in other to guarantee a secure environment for their users. Notable examples are Redimit and Buycoins.

How to accept Bitcoin Online

It is possible to accept bitcoin payments through your own e-commerce website in Nigeria for your business. There are dozens of online solutions that make this possible. …


Image: Bitnews

As with any market, nothing is constant. Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes.

Use tools like Bitcoin Wisdom or Cryptowatch to analyze charts and understand Bitcoin’s price history. Bitcoin is global and not affected by any single country’s financial situation or stability.

For example, speculation about the Chinese Yuan devaluating has, in the past, caused more demand from China, which also pulled up the exchange rate on U.S. and Europe based exchanges.

Global chaos is generally seen as beneficial to Bitcoin’s price since…


Image: Shutterstock

Despite the ups and downs in the Bitcoin value and its obvious profitability, even more, people are asking us the questions of whether to get into the trade or not. The other big question on the minds of those, who have already made the decision, is the question of when the best time to buy and sell Bitcoin.

I will now not be giving you a direct answer, and I strongly propose you not to take the phrases of pundits who declare to offer price charts and pick particular dates for it.

Bitcoin is not a company or a stock…

RedimIT NG

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